Netting out Formulaic Leveraged Highway Funding Effects in a BCA
Following third-quarter Class I railroad earnings reports, IANA (Intermodal Association of North America) gave its figures, and they closely follow what the AAR (Association of American Railroads) has been reporting for at
Senate Majority Leader Chuck Schumer (D-N.Y.), as he has done previously with other transportation projects in his state, has jumped the gun on a formal announcement by the Federal Transit Administration (FTA)
OmniTRAX, an affiliate of The Broe Group, recently named former Amazon global supply chain executive Shariff Gonnella as President of the Brownsville & Rio Grande International Railway, LLC (BRG). Gonnella succeeded Norma Torres,
The third quarter of 2023 for CSX saw a few significant and continuing performance and service improvements in a market best described as challenging. Third-quarter 2023 operating income of $1.30 billion decreased
Union Pacific results for 2023’s third quarter reflected a drop in carloadings and a slight operating ratio uptick, and improvements in service quality, safety and equipment utilization. “We faced many challenges in
During my 31-plus years at Railway Age, I logged thousands of miles (and hours) on NJ Transit’s North Jersey Coast Line, commuting to Penn Station New York and then hopping on the
The New York Metropolitan Transportation Authority (MTA) on Oct. 18 rolled out a five-car set of “standard” (non-open-gangway) Kawasaki R211S rapid transit cars for service on MTA Staten Island Railway (SIR) beginning
Chesapeake & Delaware LLC (C&D) wholly owned subsidiary Delaware & Raritan River Railroad (DRR) has completed the Freehold & Southern Connection, a five-mile track rehabilitation project reconnecting, after nearly 40 years, Freehold
Progress Rail, a Caterpillar company, has delivered two EMD® GT38H locomotives to Rumo Logística (formerly América Latina Logística, ALL), Brazil’s largest railway operator. Rumo placed the order in September 2022. The GT38H, one
